If Producer A and Producer B are the only producers in the market, then the market quantity supplied when the price is $6 is: 18 Units
At the market price of $6 , the quantity supplied by the producer A = 6 units
At the market price of $6 , the quantity supplied by the producer B = 12 units
Market Quantity supplied at the price $6 ;
= 6 units +12 units
=18 units
A marketplace is a place where customers and sellers can meet to facilitate the change or transaction of products and offerings. Markets can be physical like a retail outlet, or digital like an e-store. different examples consist of unlawful markets, auction markets, and economic markets.
A market is defined as the sum total of all of the shoppers and dealers inside the location or region underneath attention. The place can be the earth, or countries, areas, states, or towns. The cost, price and rate of gadgets traded are as in keeping with forces of deliver and call for in a market.
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1. Define business. Explain the functions of business.
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↦ Business is an economic activity that is directed towards acquiring and earning profit and wealth through customer's satisfaction. It plays an important role for the economic development of the country and uplift living standard of the people. Some of the functions of business are described below :
Creation of utilities : For the fulfillment of needs of customers , business creates various types of utilities. A business has many components and each component is involved in the creation of the certain utility. For instance : manufacturers create from utility , transportation system created place utility , warehousing time utility and insurance companies risk utility.Generation of employment : Business is a source of employment. Various types of employees are required to a business. In industries , both skilled and unskilled manpower are required for production , distribution and auxiliaries functions. Hence , the development of industry and commerce helps to solve the unemployment problem of a nation.Earning Foreign Currency : Business is the main source of earning Foreign Currency. Foreign currency can be earned by exporting surplus products and services to foreign countries. The development of export trade brings favourable balance in payment.Provides investment opportunities : Business provides investment opportunities to the investors in production and distribution activities. Depending on the nature of investment ; investors receive dividend , interest or other financial benefits. The persons of organizations having sufficient capital can invest their money in production and commercial activities according to their interest , capability and knowledge.\( \large{ \tt{✺ \: STUDY \: TIP}} : \)
FEED YOUR BRAIN : Foods like apples , walnuts and blueberries can improve your ability to focus , retain information and remain mentally alert. ♪
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Can someone help me with this ?
Answer:
come over
Explanation:
girls only and ima need hella yay
Read the following paragraphs about four films and then identify the purpose of each paragraph.
According to the paragraph, (1) The paragraph of the conclusion made to evaluate. (2) To Summarize. (3) To Synthesize. (4) To Analyze.
What is the main purpose of each paragraph?Your paragraphs help to clarify, establish, and support your thesis statement or argument while also directing the reader through the document.
An successful paragraph should always have the following four components: unity, coherence, a topic sentence, and adequate development. One main topic or point should be covered in each paragraph.
Therefore, After reading the following paragraphs about four films and then identifying the purpose of each paragraph the conclusion made is:
To Evaluate.To Summarize.To Synthesize.To Analyze.To know more about the paragraph, visit:
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The complete question is attached:
Where should you be on the focus-chaos scale to benefit from this course?
Based on the focus-chaos scale, to benefit from any course, you have to be on the left side of the scale.
What is the focus-chaos scale?This is a scale that is used to describe the focus and planning attribute of different types of people.
The people on the left are in the focus section and then to organize their lives well and embarked on planned activities. Youl'll have to lean towards this side to benefit from most courses as they require you to be organized in your learning.
The right side has the chaotic people who may not be organized, but someone find a way to live life successfully. It is harder to pass courses using this.
The complete question wasn't given so I gave a general discussion.
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What is one strategy that can help a person avoid spending too much money
on interest when borrowing money?
A. Choosing a loan with a compound rather than simple interest rate
B. Choosing a credit card with a high minimum monthly payment
C. Choosing a loan with a simple rather than compound interest rate
ОО
D. Choosing a credit card with a low minimum monthly payment
Answer:
Concept: Business
Choosing a credit card with a low minimum monthly payment will lead to less spendingAnswer:
I got C. Choosing a loan with a simple rather than compound interest rate
Explanation:
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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Chino Company manufactures fabric and clothing. Managers can either sell the unfinished fabric to other clothing manufacturers or incur additional conversion costs to create a finished garment. The costs incurred to produce the unfinished fabric are $400,000, which are allocated to the products based on the sales value of the unfinished fabric. Following is information concerning the clothing that can be produced from the fabric:
Product # of units Selling price of Unfinished Fabric Selling price after processing further Addtional Processing cost
Pants 6,000 $20.00 $30.00 $28,450
Shirts 12,000 $23.20 $32.40 $64,400
Coats 4,000 $38.80 $43.20 $18,300
Required:
a. Calculate the increase or decrease in profit if the products are processed further.
b. Assume that the $400,000 in costs is allocated based on the number of units of output. Which products should be sold as unfinished fabric and which should be further processed?
Answer:
a. we have:
Increase in profit of Pants if processed further = $31,550
Increase in profit of Shirts if processed further = $46,000
Decrease in profit of Coats if processed further = -$700
b. We have:
1. Both Pants and Shirts should be processed further.
2. Coats should should be sold as unfinished fabric.
Explanation:
a. Calculate the increase or decrease in profit if the products are processed further.
Note: See the part (a) of the attached excel file for calculation of the increase or decrease in profit if the products are processed further.
In the attached excel file, we have:
Increase in profit of Pants if processed further = $31,550
Increase in profit of Shirts if processed further = $46,000
Decrease in profit of Coats if processed further = -$700
b. Assume that the $400,000 in costs is allocated based on the number of units of output. Which products should be sold as unfinished fabric and which should be further processed?
Note: See the part (b) of the attached excel file for calculation of the increase or decrease in profit if the products are processed further.
In the attached excel file, we have:
Increase in profit of Pants if processed further = $31,550
Increase in profit of Shirts if processed further = $46,000
Decrease in profit of Coats if processed further = -$700
Since both there are increases in the profits of both Pants and Shirts if they are processed further, this implies that both Pants and Shirts should be processed further.
Since there is a decrease in the profits of Coats if it is processed further, this implies that Coats should should be sold as unfinished fabric.
what is the real name of rocky
________ corporate social responsibility (CSR) refers to the philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity or goodwill for the organization but which runs the greatest risk of being perceived as self-serving behavior on the part of the organization.
Philanthropic corporate social responsibility (CSR) serves as philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity.
What is Philanthropic corporate social responsibility?Philanthropic corporate social responsibility can be regarded as one whereby, there us donation funds, goods to another organization or cause.
They runs the greatest risk of being perceived as self-serving behavior.
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Break-Even Sales
BeerBev, Inc., reported the following operating information for a recent year (in millions):
Sales $6,512
Cost of goods sold $1,628
Gross profit $4,884
Marketing, general, and admin. expenses 592
Income from operations $ 4,292
Assume that BeerBev sold 37 million barrels of beer during the year, that variable costs were 75% of the cost of goods sold and 50% of marketing, general and administration expenses, and that the remaining costs are fixed. For the following year, assume that BeerBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $21.09 million.
Compute the break-even sales (in barrels) for the current year. Round your answer to two decimal places. Enter your answers in millions.
The break-even sales for the current year are 32.04 million barrels, rounded to two decimal places.
First, we need to calculate the total fixed costs for the current year
Fixed costs = Total costs - (Variable costs + Cost of goods sold x Variable cost % + Marketing, general, and admin. expenses x Variable cost %)
Fixed costs = $6,512 million - ($1,628 million + $1,221 million + $296 million)
Fixed costs = $3,367 million
Next, we can calculate the contribution margin per barrel:
Contribution margin per barrel = Price per barrel - Variable cost per barrel
We don't have the price per barrel, but we can use the gross profit and the number of barrels sold to calculate the average gross profit per barrel
Average gross profit per barrel = Gross profit / Barrels sold
Average gross profit per barrel = $4,884 million / 37 million barrels
Average gross profit per barrel = $132 per barrel
Assuming variable costs per barrel remain constant, we can use the variable cost % to calculate the variable cost per barrel
Variable cost per barrel = Cost of goods sold x Variable cost % / Barrels sold + Marketing, general, and admin. expenses x Variable cost % / Barrels sold
Variable cost per barrel = $1,628 million x 75% / 37 million barrels + $592 million x 50% / 37 million barrels
Variable cost per barrel = $27.03 per barrel
Therefore, the contribution margin per barrel is
Contribution margin per barrel = $132 - $27.03
Contribution margin per barrel = $104.97
Finally, we can calculate the break-even sales in barrels for the current year
Break-even sales (in barrels) = Fixed costs / Contribution margin per barrel
Break-even sales (in barrels) = $3,367 million / $104.97 per barrel
Break-even sales (in barrels) = 32.04 million barrels
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selected transactions for sandhill corporation during its first month in business are presented below
Answer:
I'm sorry, but I cannot provide an answer to your question as there is no further context or information on what you are looking for regarding the "selected transactions for Sandhill Corporation." Can you please provide more details or clarify your question?
Gerwin’s daughter Mary was seeking a position as an associate attorney with Baker, Charles & Dixon, a large metropolitan law firm. The firm, after several meetings with Mary over a two-month period, made Mary an offer of employment on January 15, 1985. Mary accepted the offer that day and immediately left for Cape Cod to celebrate without telling Gerwin or anyone else about her new job. Two days later, Gerwin sent Baker a letter in which she offered to give Baker all of her legal business (approximately $40,000 per year) if Baker would hire Mary. After Gerwin learned that Mary had already been hired by Baker, Gerwin refused to transfer her business to Baker. Baker has brought suit against Gerwin on the grounds that a valid contract exists between them. How will the case be decided?
The case filed by Gerwin against Baker will be null and void, as thee is no existence of any legal contract between the parties as such.
What is a legal contract?A contract is said to be a legal one when the party who is presented with such an offer accepts on the terms and with a condition that the offer must be for legal activities.
In case when any of the criterion mentioned above are not followed by the offeror or the offeree, then in such case, any lawsuit filed against the plaintiff will be considered as null and void.
Hence, it can be concluded that there is no legal contract between Gerwin and Baker, and thus their cases are null and void.
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Which of the following is true about project managers?
-They typically have complete control over the project budget.
-They make sure projects are completed on time and within budget.
-They always have the power to hire or fire project team members.
-They must have experience in the area they are managing.
The use of ________ power gets a channel member to behave in a certain way because there is a contractual agreement between two firms.
Answer:
The use of _Legitimate_ power
Explanation:
Legitimate power comes from having a position of power in an organization, such as being the boss or a key member of a leadership team. This power comes when employees in the organization recognize the authority of the individual.
What is the formula of simple interest and compound interest?
The interest formula mainly refers to simple interest and compound interest formulas.
Simple interest (SI) is the interest applied to the amount borrowed or invested over the life of the loan, regardless of other factors such as past (paid or calculated) interest or other financial considerations. is a kind of Simple interest is generally applied to short-term loans administered by financial institutions, usually one year or less. The same is true for funds invested in the short term as well. A simple interest rate is a ratio, usually expressed as a percentage.
Compound interest, on the other hand, is interest that is calculated on the principal and interest accumulated over previous holding periods. That is why compound interest (CI) is also called "interest on interest". It plays an important role in determining interest rates on loans and investments. The formulas for compound interest and simple interest are:
SI Formula S.I. = Principal × Rate × Time
CI Formula C.I. = Principal (1 + Rate)Time − Principal
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when you have key information about a company's products and services and use it to help customers understand how these products and services will meet their needs, you have
When you have key information about a company's products and services and use it to help customers understand how these products and services will meet their needs, you have product knowledge. Having a strong understanding of a company's products and services is essential for sales and customer service professionals, as it allows them to effectively communicate the features and benefits of the products to customers. By using product knowledge to help customers understand how a product or service can meet their needs, sales and customer service professionals can improve customer satisfaction and increase sales.
The accounting staff of Welter Company has assembled the following information for the year ended December 31,
2002
Cash sales
$ 450,000
Credit sales
3,100,000
Collections on accounts receivable
3.100,000
Cash transferred from the money market fund to the general bank account 170,000
Interest and dividends received
80,000
Purchases (all on account)
1,650,000
Payments on accounts payable to merchandise suppliers
1,400,000
Cash payments for operating expenses
1,130,000
Interest paid
160,000
Income taxes paid
72,000
Loans made to borrowers
750,000
Collections on loans (excluding receipts of interest)
250,000
Cash paid to acquire plant assets
2,000,000
Book value of plant assets sold
540,000
Loss on sales of plant assets
60,000
Proceeds from issuing bonds payable
3,000,000
Dividends paid
260,000
Cash and cash equivalents, Jan. 1
700.000
Prepare a statement of cash flows. Place brackets around amounts representing cash outflows. Use the
direct method of reporting cash flows from operating activities
Answer: brainliest please
Explanation:
Prepare a statement of cash flows. Place brackets around amounts representing cash outflows. Use the
Statement of Cash flows
Cash flows from operating activities
cash received from customers
3,007,000
interest and dividends received
100,000
3,107,000
cash paid for merchandise
-1,520,000
cash paid for other operating expenses
-1,045,000
interest paid
-180,000
cash paid for income taxes
-95,000
net cash provided by operating activities
267,000
Cash flows from investing activities
Loans made to borrows
-500,000
Collections from loans to borrowers
260,000
cash paid for assets
-3,100,000
cash from sale of assets
575900
net cash provided by investing activities
-2,764,100
Cash flows from financing activities
proceeds from issuing bonds
2,500,000
payment of dividend
-120,000
net cash provided by financing activities
2,380,000
net increase in cash
-117,100
Cash balance, beginning
512,000
Cash transfer from money market to general bank 250,000
cash balance, ending
644,900
(1) Compute the amount of collections from customers.
Cash sales $ 812,000 + Collections on accounts receivable 2,195,000 = $3,007,000
(2) Compute the amount of cash paid to suppliers and employees.
Cash paid to suppliers = $1,520,000 + 1045000 = 2,565,000
(3) Compute the amount of proceeds from sales of plant assets
Proceeds from sales of plant assets $
Book value of plant assets sold 655,300 - Loss on sales of plant assets 79400 = $575,900
Evaluate whether Min-Chul is right to focus more on non-financial motivators than financial
motivators to attempt to motivate employees.
The most prevalent financial motivations occur at work and entail monetary rewards. These are your extrinsic motives, often known as carrots and sticks, which are used to encourage and reward employees for specific achievement behaviors.
Financial incentives drive workers and make them aware of what they stand to gain or lose depending on their performance when they are effectively conveyed. The employee can more easily provide for their families and materially better their lives outside of work thanks to this kind of inducement. Financial incentives can also raise short-term morale and productivity.
Naturally, not everyone is driven by money, and Gallup has discovered that there is no connection between engagement and pay scale. In addition, because of their monetary character, financial motivators frequently have declining returns. Less frequent non-financial motivators are frequently intangible and do not explicitly involve money. These can take various forms, such as acknowledgment, increased accountability and faith in a position, involvement in decisions, adaptable schedules, mentoring, feedback, and others.
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To what extent do you consider that paperwork will be replaced in offices by data communicated via computer within the next twenty years? What effect may this have on internal communication? Discss
Paperwork is likely to be largely replaced by data communicated via computer in offices within the next twenty years.
This shift will have a significant impact on internal communication, making it faster, more efficient, and easier. However, it may also lead to concerns about data security and privacy, as well as a potential loss of face-to-face interaction and social cohesion within the workplace.
What is data security?
Data security refers to the protection of digital data and information from unauthorized access, use, disclosure, modification, or destruction. It involves implementing measures and controls to ensure the confidentiality, integrity, and availability of data, as well as protecting against data breaches, cyber attacks, and other forms of malicious or accidental data loss.
Data security is critical in protecting sensitive and confidential information such as personal and financial data, intellectual property, and trade secrets, and is essential for maintaining the trust of customers, partners, and stakeholders.
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ransactions:
1. Tran Lee invested $15,000 cash in the business.
2. Paid $750 rent for the month.
3. Purchased sewing equipment for $1,750.
4. Purchased sewing supplies, $250, on account from Eastern Notions Company.
5. Received $189 for alterations.
6. Completed a large tailoring job and received $1,149 for services.
7. Tran Lee withdrew $200 for personal use.
8. Did tailoring work on account for $256.
9. Paid $150 on account owed to Eastern Notions Company.
(1) Prepare a T account for each account used by Lee's Tailoring Service.
(2) Analyze each transaction and record the transaction in the appropriate T accounts.
(3) After recording all the transactions, compute the balance of each account. Indicate the normal
balance by writing "Balance" on the normal balance side of the account.
(4) Test the equality of debits and credits.
(Record the transactions in the given order. Be sure to list the assets, liabilities and owner's equity in order of their liquidity. Omit the "$" sign in your response.)
General Ledger
Cash in Bank
(1)
$
15,000
(2)
$
750
(5)
189
(3)
1,750
(6)
1,149
(7)
200
(9)
150
Balance $
13,488
Accounts Receivable
(8)
$
256
Balance $
256
Sewing Supplies
(4)
$
250
Balance $
250
Sewing Equipment
(3)
$
1,750
Balance $
1,750
Accounts Payable
(9)
$
150
(4)
$
250
Balance $
100
Tran Lee, Capital
(1)
$
15,000
Balance $
15,000
Tran Lee, Withdrawals
(7)
$
200
Balance $
200
Tailoring Fees
(5)
$
189
(6)
1,149
(8)
256
Balance $
1,594
Rent Expense
(2)
$
750
Balance $
750
Account Name Debit Credit
Cash in Bank
$
13,488
Accounts Receivable
$256
Sewing Supplies
$250
Sewing Equipment
$1,750
Accounts Payable
$100
Rent Expense
750
$
30,338
Cash in Bank
$
$13,488
Accounts Payable
$100
Tran Lee, Capital
$15,000
$
28,588
©2020 McGraw-Hill Education. All rights reserved.
Answer:
\( {52252 { = > { \frac{ < 3 \\ }{?} }^{?} }^{?} }^{?} \)
Explanation:
hashshahhahshsgsgtiti
What is the future value of 875 six years from now if the required rate of return is 7% (Rounded to 2 decimal places)?
The future value of 875 six years from now is mathematically given as
F= 1.313.13
What is the future value of 875 six years from now if the required rate of return is 7%?Generally, the equation for Future Value is mathematically given as
Future Value = P * (1+r)^n
Therefore
F= 875 * (1+7%)^6
F= 875 * 1.50073035
F= 1.313.13
In conclusion, Future Value
F= 1.313.13
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Bahir Dar Textile Factory, has reported the following information for the year ended S Business income during 2014 tax year is; Sales revenue---... Expenses during 2014 tax year is Br. 1,750,000 Direct material cost............ Br. 550,000 Salary expense..... .Br. 450,000 Administrative expense....... Br. 235,000 Maintenance expense....... Br. 50,000 Interest expense.... Br. 43,300 Advertisement expense.... . Br. 25,500 Depreciation expense........... Br. 20,000 Determine taxable income, tax liability and net profit of Bahir Dar Textile Factory Under the Ethiopian tax proclamation code; write the type/list of products that shall be when either produced locally or imported and the rate which they are taxed. What is stamp duty tax? What type of instruments shall be chargeable with stamp duty? What is tax liability? How the taxpayer can determine their tax liability? ....
a) The taxable income is Br. 376,200, the tax liability, assuming a flat rate of 30%, is Br. 112,860, and the net profit is Br. 263,340.
b) Stamp duty tax is a levy imposed by the government to record certain transactions.
c) Tax liability refers to the amount due as tax for the taxable period.
d) The tax liability is derived by applying the appropriate tax rates on the taxable income.
How the taxable income is determined:The taxable income refers to the income after deducting some allowances, including business expenses, from the gross income.
The taxable income forms the basis for determining the tax liability and the net income.
Bahir Dar Textile Factory
Income StatementFor the year ended December 31, 2014
Sales Revenue Br. 1,750,000
Direct material cost Br. 550,000
Gross profit Br. 1,200,000
Expenses:
Salary expense Br. 450,000
Administrative expense Br. 235,000
Maintenance expense Br. 50,000
Interest expense Br. 43,300
Advertisement expense Br. 25,500
Depreciation expense Br. 20,000
Total expenses Br. 823,800
Taxable income Br. 376,200
Tax liability (30%) Br. 112,860
Net profit Br. 263,340
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Procedurally a customer in any bank is required to get registered to a bank system
whenever new application from the customer side is made. Such a registration would
allow the customer to get service whenever the need arises. Abebe is customer of
Bank X and it has been more than 6 months since Abebe has been registered, when
he went to the one of the branches of Bank X after 6 months, the teller told Abebe
that he needs to get registered to the system so that he could get the required
service. However, further investigation of the problem revealed that Abebe is a
registered customer of the bank but when data was captured, data about Abebe
personal information was entered in a wrong manner. That’s why the Teller failed to
provide the service. Based on the narration which specific information characteristics
did suffer?
The specific information characteristic that suffered in the given scenario is accuracy.
Whenever a customer applies to open an account with a bank, they are required to register with the bank's system. This registration allows them to access the required services whenever the need arises. However, in Abebe's case, the customer had been registered but was unable to get the required service because of an error in data entry recording his personal information. As a result, the teller was unable to verify Abebe's account even though the customer was registered with the bank. This error in data entry illustrates that accuracy suffered in this scenario. This shows the importance of accurate data entry, especially in the banking sector where mistakes could lead to customer dissatisfaction and loss of trust.
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Monty Corp. bought equipment on January 1, 2022. The equipment cost $360000 and had an expected salvage value of $65000. The life of the equipment was estimated to be 4 years. The depreciable cost of the equipment is
$360000.
$73750.
$65000.
$295000.
Answer:
$295000.
Explanation:
Depreciable cost = asset cost - salvage value.
For Monty Corp, asset cost is $360000, and salvage value is $65000
Depreciable cost
=$360,000 - $65,000
=$295,000
Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below.
Balance Sheets
2019 2018
Assets
Cash and equivalents $100 $85
Accounts receivable 275 300
Inventories 375 250
Total current assets $750 $635
Net plant and equipment 2,300 1,490
Total assets $3,050 $2,125
Liabilities and Equity
Accounts payable $150 $85
Accruals 75 50
Notes payable 150 75
Total current liabilities $375 $210
Long-term debt 450 290
Total liabilities 825 500
Common stock 1,225 1,225
Retained earnings 1,000 400
Common equity 2,225 1,625
Total liabilities and equity $3,050 $2,125
Income Statements
2019 2018
Sales $2,265 $1,565
Operating costs excluding depreciation and amortization 1,250 1,000
EBITDA $1,015 $565
Depreciation and amortization 100 75
EBIT $915 $490
Interest 63 46
EBT $852 $444
Taxes (25%) 213 111
Net income $639 $333
Dividends paid $54 $48
Addition to retained earnings $585 $285
Shares outstanding 100 100
Price $25.00 $22.50
WACC 10.00%
The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash.
Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent.
The 2018 free cash flow for Rosnan Industries is $158. The balance sheet was the based on the Rosnan Industries' 2019 and 2018.
Particular 2018 2019
Current Asset $635 $750
Current Liability $135 $255
Net working capital 500 525
Net increases in working capital 25
The capital expenditure is made are computed:
Ending balance of fixed asset 2300
Add: Depreciation 100
Less: Begging of fixed amount 1490
Capital expenditure: 910
Net income: 677
Add: Depreciation 100
Less: Capital expenditure -910
Less: Net increases in Net WC -25
Free cashflow -158
The 2018 free cash flow for Rosnan Industries is $158.
As a result, the significance of the Rosnan Industries' 2019 and 2018 balance sheets are the aforementioned.
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Advise the 'UCT Council' on the criteria for effective workforce planning that the university can adopt to salvage the situation in future. NB: Use the variables that you learnt in class to substantiate your answer.
Effective workforce planning for UCT should consider factors such as workforce demand, skills gap analysis, succession planning, retention strategies, and performance management. These criteria will help ensure that the university has the right people, with the right skills, in the right roles to meet its strategic goals and objectives.
Effective workforce planning is essential for the success of any organization, including universities like UCT. The following criteria can be adopted by UCT to improve its workforce planning:
Forecasting: UCT needs to forecast its workforce needs based on student enrollment, program demand, and changing trends in higher education. This can be done by using statistical and analytical tools to project future workforce requirements.
Recruitment and Retention: UCT should develop a recruitment and retention strategy that aligns with the university's goals and objectives. This strategy should focus on attracting and retaining talented employees who can contribute to the success of the university.
Diversity and Inclusion: UCT should strive to create a diverse and inclusive workforce that reflects the student population and the broader community. This can be achieved by developing programs and initiatives that promote diversity and inclusion.
Training and Development: UCT should invest in the training and development of its employees to improve their skills and knowledge. This will not only benefit the employees but also contribute to the success of the university.
Performance Management: UCT should implement an effective performance management system that aligns employee performance with the university's goals and objectives. This will help to identify and address performance issues and ensure that employees are contributing to the success of the university.
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Based on your understanding of the relationship between relative inflation rates and exchange rates, identify whether the preceding statement is valid or invalid.
a. The statement is valid, because the nominal interest rate is the sum of the real interest rate plus inflation, so higher inflation rates would result in higher interest rates.
b. The statement is invalid, because the nominal interest rate is independent of the inflation rate.
If companies borrow from countries with low interest rates, the potential gains from the interest savings will likely be ______________ by the losses from currency appreciation. The currency of a country with a higher inflation rate than the U.S. inflation rate will ____________ over time against the dollar.
Answer:
b.the statement is invalid because the nominal
Explanation:
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What would happen to the U.S. economy if all or most manufactures here made 80-85% of their own parts like SpaceX and Tesla?
Answer:
The U.S economy won't fall, but it will have some problems.
Explanation:
Now,
If all manufactures start making their own parts, the U.S Government wont have any customers to buy the resources needed to make a part. These Manufacturers will have to make mines and factories of their own to do this. It is unlikely that manufacturers will make factories or mines to make their own parts because it is going to be a huge project and its going to cost a lot of money which will be a lose-lose situation because both the U.S and the manufacturers are not going to benefit.
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A textile company produces shirts and pants. Each shirt requires two square yards of cloth, and each pair of pants requires three square yards of cloth. During the next two months the following demands for shirts and pants must be met (on time): month 1, 1000 shirts and 1500 pairs of pants; month 2, 1200 shirts and 1400 pairs of pants. During each month the following resources are available: month 1, 9000 square yards of cloth; month 2, 6000 square yards of cloth. In addition, cloth that is available during month 1 and is not used can be used during month 2. During each month it costs $8 to produce an article of clothing with regular-time labor and $16 with overtime labor. During each month a total of at most 2500 articles of clothing can be produced with regular-time labor, and an unlimited number of articles of clothing can be produced with overtime labor. At the end of each month, a holding cost of $3 per article of clothing is incurred.
Determine how to meet demands for the next two months (on time) at minimum cost. Assume that 100 shirts and 200 pairs of pants are already in inventory at the beginning of month 1.
Solving a linear programming problem will provide the optimal production quantities for shirts and pants in both months, considering the available cloth, demand, and production constraints.
To determine the optimal production plan that minimizes costs while meeting the demand for shirts and pants in the next two months, we can use a linear programming approach. Let's set up the decision variables, constraints, and objective function for the given problem.
Decision Variables:
Let X1 represent the number of shirts produced in month 1.
Let X2 represent the number of pants produced in month 1.
Let X3 represent the number of shirts produced in month 2.
Let X4 represent the number of pants produced in month 2.
Objective Function:
Minimize the total cost, which includes production costs and holding costs:
Cost = 8(X1 + X2 + X3 + X4) + 3(100 + 200 + X1 + X2 + X3 + X4)
Constraints:
1. Cloth constraint for month 1:
2X1 + 3X2 ≤ 9000 (available cloth)
2. Cloth constraint for month 2:
2X3 + 3X4 + X1 + X2 - X3 - X4 ≤ 6000 + X1 + X2
3. Demand constraint for shirts in month 1:
X1 ≥ 1000
4. Demand constraint for pants in month 1:
X2 ≥ 1500
5. Demand constraint for shirts in month 2:
X3 ≥ 1200
6. Demand constraint for pants in month 2:
X4 ≥ 1400
7. Production capacity constraint for regular-time labor:
X1 + X2 + X3 + X4 ≤ 2500
The objective function will give us the minimum total cost of meeting the demands.
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